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20130104
20130112
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pressure. wells fargo says expansion. >> apollo group. >> oh, my. profit for profit education, schools starting to look like nonprofits. you want to invest, invest in yale. i like cornell here. >> goldman says nice things about both mastercard and visa. >> paper versus plastic. we're sticking with these biotechs. this is a company that helps people with ms walk. jim foster, he has brought down the cost of bringing new drugs to the market. i think this conference is about why you need to back american health care companies. because they innovate. >> look forward to that, jim. you've had quite a week already. you've got a pick? >> cutler drove that company, that team down. by the way, rg3, let me just say, i want a speedy recovery, because he is the best thing that's ever happened to sports in my lifetime. >> for washington, some say, reports he's in surgery, even as we speak. >> is that true? when andrews was in the huddle, didn't that freak you out? oops, that's too brent mussberger. >> still to come, shedding the stigma of government motors. the exclusive with dan akerson. and then fo
's up. >> we have a serious, serious problem that we need to address. fiscal, education, immigration, infrastructure, health care costs. i can go on and on. even the guns issue. >> the show is over. thank you for being here. >> it's a pleasure. >>> thank you, david. have a great weekend, everybody. right now it's time for "squawk on the street." >>> good friday morning. welcome to "squawk on the street." i'm carl with melissa lee, jim cramer, david faber at the new york stock exchange. let's look at futures on a friday morning. mild action here. we are paying attention to the mutual fund inflows. as for europe, disappointing industrial production numbers in spain and the uk. but the euro is at a nine-month high this morning. we begin with the s&p, a five-year high. a lot riding on bank earnings. the report's not perfect. american express joining the list of financials that are cutting jobs. >>> best buy's troubles continue. they're not the only retailer under pressure this morning. jcpenney capping a bad week. >>> boeing under official view as a probe is taken on the plane. a cracked
believes that they should educate investors about the industry. he rates the stock as a buy. also, this is interesting. today we had bush's rame ramel dionicio had an outperform, and then slashed the price, citing the recent sell-off. >> herb, if the company -- michael johnson has been very, very vocal in terms of getting right to the tv and defends his position. if they do not use the analyst meeting as an opportunity to provide a full rebuttal and simply use it as an educational opportunity, i don't think that will go too well. >> i don't think so, either. he talked about shredding, he used that word, shredding the presentation at his presentation. i think people want to see a point-by-point rebuttal, want to see him come out swinging. anything short of that, remember, this is theirs to lose based on the presentation. >> i have to ask you about this video, sort of making its rounds yesterday. it's an interview between mr. johnson, the ceo, and madeline albrec albrecht. this is a strange thing, it's a seven-plus minute video and she says, well i'm a fan of the products, blah blah
are trying to educate wealthy kids on how to be normal. so what the parents have done are hire other people to teach their kids about financial values. >> an airplane that other people are on with you. >> it's called coach. and seats are smaller. >> i love having this conversation with a lot of my very wealthy friends because it's interesting. and i love saying what are going to do with the money, are you really going to leave to them? >> and again we shouldn't be feel for them, but if we want to understand the wealthy, this is the issue that they talk about, think about, worry about, more than anything else. >> when they change the tax rules at the beginning of of the year so they've stuck them all with $5 million for fear that it would go down to $1 million, so they've actually set up the trust funds the last few months for them. so these kids are now richer. >> a lot of people that $10 million exemption caused many of the wealthy to write $10 million checks for their kids because they thought we'll never get that tax chance again. and now they're sorry they did. >> i thought it was five.
Search Results 0 to 3 of about 4